Natural Gas : Long Wyckoff : PS—preliminary support, where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end. SC—selling climax, the point at which widening spread and selling pressure usually climaxes and heavy or panicky...
Any of my investment or trades I share on my view are provided for educational purposes only and do not constitute specific financial, trading or investment advice. ... You must be aware of the risks and be willing to accept them in order to trade or invest in markets. Don't trade with money you can't afford to lose.
This is a recent trade on GU that i took earlier this week. This is a go to set up that ticked all of the boxes perfectly, the key takeaways from this post is about the importance of using the higher time frames to find key areas to enter from as well as key areas to set a PT at. The entry was refined on the 1min chart however the information that we gather from...
NSE:BAJAJ_AUTO Simple guide on how to trade breakouts from ( parallel channel ) trading range. This example illustrates how the parallel channel breakout ideally works out. Please try and spot stocks and index that are currently either trading in a range or about to breakout for trading opportunities, Keep plotting, keep learning and trade with confidence. ...
Professional Price action trader's analysis will be from higher time frame to lower time frame. Higher time frames like Monthly, Weekly, daily, 4Hour are acts as Major Supply & Demand levels for any script. Lower time frames 1Hour, 15min, 5min are used to enter the market. In the chart of USOIL, I have mentioned the major Supply & Demand ranges in line and...
Identify the underlying trend of the market on a higher time frame. After identifying the underlying trend, you will have a bias . For example, In a Bullish market, always look for a long trade. Never short a Bullish market. Likewise, in a Bearish market, always look for a short trade. For opening a trade, use an hourly time frame . Other time...
It seems BTCUSD is in its reversal mode. As per harmonic patterns, it's not beyond $35000 in this run. As per crab Harmonic pattern, it has already achieved the of XA leg i.e.1.618 level. Whereas it is just waiting to achieve the extreme level of projection of BC leg i.e. 3.618 level.
Presenting a small guide on how to trade breakouts from trading ranges. This trade has already happened, but similar ones can give wonderful profits! Comment, like and share...
Query : How to over come losses and become a profitable trader? Answer : This is Part 5. If you are new, refer Part 1, 2 , 3 & 4 for better understanding. Step 10 : Develop an unbiased mindset. Why it is important? Let’s see how biases affect Person A’s trades. Example 1 : Confirmation bias. This happens when we believe what we want to see instead of the...
need to close abv 160 for fast move towards 200++, 70% holding with promoter & b/o from year consolidation phase. please share your idea, i am right or wrong.
be ready for retest level, can we grab this opportunity if coming near 41/42? please share your view.
DOWN SIDE IS STILL PENDING IN AMAR RAJA BATTRI.....
Background: Kindly see my Asian Paint Short Trade Idea (Linked Below). Asian Paints was making Lower Lows and Lower Highs and was moving towards its long-term trendline. Hence, I was eyeing a short opportunity in this trade. However, my entry and exit were not great. So I have analyzed different entry techniques (credit to Franklin O. Ochoa - PivotBoss): My...
Tools Used : VWAP Stochastic RSI Strategy : 1. Look for RSI crossovers (when the blue line crosses the red line either way), in the overbought / oversold zone in particular. 2. For even safer entries, wait for the price to cross the VWAP. 3. Try to buy and sell on or near the lower and upper extremes of the pattern. 4. Look for reversal signals when approaching...
We created Price Note to make it even easier to attach notes at specific prices. We know how important it is to keep detailed notes on your favorite charts and our new drawing tool will help. How to create your first price note 📝 1. Select the tool from the Annotation Tools panel. This is the same place where you find the Text tool. 2. Place two anchor points....
Idea just to identify the pattern. We can see a short term bounce from here, but need to avoid fresh longs. Good to exit stuck positions or booking profits in short term trades.
"Give a Man a Fish, and You Feed Him for a Day. Teach a Man To Fish, and You Feed Him for a Lifetime" - unknown origin* 🔴What does this quote mean, and how does it related to trading (signals)? The quote means that you can indeed resolve an issue by providing a hungry man a fish, serving his immediate need, but if you really want to help him you should teach...
1. The Washout: “Stocks are Going Way Down” At the bottom of a market crash, business news is usually terrible and many authorities declare that things will probably get worse. The public dumps stocks without regard to value. Eventually, though, a point is reached where everybody who can be scared into selling has sold. Usually, the final battle occurs in a...